Always been curious about that myself. I experienced the same thing running the gateway in vmware. I now have the ldmg appliance and the time still doesn't stay accurate over a long period of time.
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That is not an LDMG issue it is a VMWare issue and since the Management Gateway is a very minimalized Linux platform and does not have VMWare tools, you are going to see any weirdness that would happen to any box without VMWare tools. Time is commonly a problem without vmware tools.
Since the LDMG is only for demo in VMWare and VMWare is not a supported platform, and we have moved to the appliance, we don't really plan to add VMWare tools any time soon. It would be a lot of work to add VMWare tools and since only the Appliance is sold from now on, the need to do so is less.
Ok, that's something I can work with, but does anybody knows a way to configure ntp time sync?